CoinDesk · 1 min read

Cronos halts blockchain after $75 million lending exploit hits lending app Tectonic

Cronos halts blockchain after $75 million lending exploit hits lending app Tectonic

An attacker allegedly pushed Tectonic’s thinly traded TONIC token up 100-fold, used it as collateral to borrow real assets and left most funds stranded when Cronos validators paused the network.

This is a summary aggregated from CoinDesk. Read the complete article on the original site:

Read full article at CoinDesk

More Cybersecurity News